2860 S OCEAN BLVD 416, PALM BEACH, FL 33480
Parcel: 50434423030004160 · Condo · Zoning: 004
Assessed Value (2025)
$215,102
Property Details
Year Built
1971
Sales History
1
$475,000
2024-07-01
2
$475,000
2024-08-07
Tax Assessment History
$215,102
Assessed (2025)
$405,000
Market Value
$190,102
Taxable Value
$3,870
Annual Tax
2025
$215,102
$405,000
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $215,102 | $405,000 | $190,102 | $3,870 | $ | $ |
About 2860 S OCEAN BLVD 416, PALM BEACH, FL 33480
2860 S OCEAN BLVD 416, PALM BEACH, FL 33480 is a property built in 1971. The property is currently owned by GORBACH DONALD, recorded as of 2026-04-03. The mailing address differs from the property address, suggesting this may be an investment property or rental.
The most recent sale was on 2024-08-07 for $475,000. The 2025 assessed value is $215,102 with a market value of $405,000. The property has the following tax exemptions: ex_9, ex_11, ex_12, ex_13, ex_14, ex_15, ex_16, ex_17, widow, veteran_10pct, portability_value, portability_county, disability_civilian, total_permanent_disability.
There are active mortgage liens totaling $349,084 recorded against this property. 2860 S OCEAN BLVD 416, PALM BEACH, FL 33480 is located in PALM BEACH, Florida. Property records, tax assessments, sales history, and ownership information for this PALM BEACH property are sourced from palm_beach County public records.
The complete ownership history of this property spans from 2024 to 2024, with 2 recorded transactions in the public record. The current assessed value represents 45% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase..
Current Owner
GORBACH DONALD
2860 S OCEAN BLVD UNIT 416, PALM BEACH, Florida, 33480
Since: 2026-04-03
View owner profile →
Est. Annual Insurance
$2,335 — $4,284
Flood $400 — $800
Property/Wind $1,935 — $3,484
Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.
Neighborhood 33480
84.6%
Owner-Occ
15.4%
Investor
6,443
Flips (4yr)
2,193
New Biz (3yr)
Distress Risk
MODERATE
31
Mortgages
ACTIVE
$356,250
RADIUS FINANCIAL GROUP INC · 2024-08-07
Est. Total Balance $349,084
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.